Eni’s BODs on Distribution

(Eni, 26.Oct.2023) — Eni’s Board of Directors, chaired by Giuseppe Zafarana, resolved to distribute to Shareholders the second of the four tranches of the provision in place of the 2023 dividend from Eni S.p.A. available reserves[1] of € 0.23 (compared to a total annual provision, in place of the dividend, equal to € 0.94) per share outstanding at the ex-dividend date as of 20 November 2023[2], payable on 22 November 2023[3], as resolved by the Shareholders’ Meeting of 10 May 2023.

Holders of ADRs, outstanding at the record date of 21 November 2023, will receive € 0.46 per ADR, payable on 7 December 2023[4], with each ADR listed on the New York Stock Exchange representing two Eni shares.


[1] Coupon No. 44.

[2] Depending on the recipient’s fiscal status the payment is subject to a withholding tax or is treated in part as taxable income.

[3] Pursuant to article 83-terdecies of the Italian Legislative Decree no. 58 of 24 February 1998, the right to receive the payment is determined with reference to the entries on the books of the intermediary – as set out in art. 83-quater, paragraph 3 of the Italian Legislative Decree no. 58 of 24 February 1998 – at the end of the accounting day of 21 November 2023 (record date).

[4]On ADR payment date, Citibank, N.A. will pay net of the amount of the withholding tax under Italian law applicable to all Depository Trust Company Participants.

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